Wii and Nintendo are Hot Buys,
But Can the Good Times Continue?

By

Yukari Iwatani Kane

Updated July 4, 2007 12:01 a.m. ET

TOKYO -- Shares of Nintendo Co. have more than doubled in value over the past year thanks to its wildly popular Wii videogame console and DS portable-game device. And analysts expect the price to increase for a while longer.

Shares of the videogame company have risen 51% this year, outperforming the Tokyo Stock Exchange's benchmark Nikkei Stock Average of 225 companies, which is up 5.4% during the same period. Nintendo shares closed...